Economy

Tax law brings big paper losses, long-term gains to US banks

Jan 16, 2018

Big U.S. banks post billions in paper losses because of accounting charges related to the new tax law, but they say the changes will benefit them as well as the broader economy over the long term.

New small cars unveiled at auto show but will anyone buy?

Jan 16, 2018

Small cars like the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte are vying for attention at Detroit's North American International Auto Show but they must compete with more popular SUVs

Trump ends 1st year with lowest average approval rating

Jan 16, 2018

This is a record not to be coveted: Donald Trump is wrapping up a year in office with the lowest average approval rating of any elected president in his first year.

Trump talks North Korea, trade with Chinese President Xi

Jan 16, 2018

The White House says President Donald Trump and Chinese President Xi Jinping are hopeful that talks between North Korea and South Korea "might prompt a change in North Korea's destructive behavior."

Global stocks advance as investors look ahead to US earnings

Jan 16, 2018

Global stocks mostly higher following U.S. holiday as investors look ahead to American corporate earnings reports

UK inflation dips for first time since June

Jan 16, 2018

Official figures show that the headline measure of consumer price inflation in Britain dipped for the first time since June following a drop in airfares as well as games and toys

Asian stocks advance as investors look ahead to US earnings

Jan 16, 2018

Asian stock markets have risen following a holiday for US markets as investors look ahead to American corporate earnings reports

Citigroup says it will use raises to narrow pay gap

Jan 15, 2018

Citigroup says it will raise pay for women and minorities in the US to eliminate a pay equity gap

CEO: Mercedes may miss emission goal if electrics don't sell

Jan 15, 2018

If customers don't buy electric and more efficient cars and trucks, then Mercedes may not be able to meet government-imposed carbon dioxide emissions standards across the globe, its top executive says

The Latest: Airbus says it outsold Boeing in 2017

Jan 15, 2018

Airbus says it sold more than 1,100 planes last year, outselling rival Boeing thanks to a raft of end-of-year deals and a growing global economy and travel demand

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH